Posted on 10/12/2010 8:07:38 AM PDT by Ernest_at_the_Beach
CANBERRA (MarketWatch) -- Australia's Climate Change Minister Greg Combet said Tuesday the government won't necessarily adopt a carbon tax as a means of greening up the economy after failing to push through a cap-and-trade scheme similar to one already operating in Europe.
"While a potential carbon tax has received a lot of media and public commentary in recent times, it would be incorrect for people to assume that this is the market mechanism that will be inevitably selected," Combet said at a climate conference in Melbourne.
Climate change issues have been given a fresh start in Australia after an August federal election narrowly returned the center-left Labor Party to office--but only with the support of rural-based independents and a Greens party lawmaker who are pushing for climate action.
Prime Minister Julia Gillard has made it increasingly clear she intends to use the new alliance between her minority government and independents to accelerate moves to green up the economy, reversing an election pledge not to push for any form of tax on greenhouse-gas emissions during the current three-year parliamentary term.
Although restructuring the economy to lower carbon pollution will take decades, Combet said Australia needs to start the readjustment "as soon as possible" to give investors certainty.
Australia is the biggest per capita polluter in the developed world because of its reliance on fossil fuels, mainly coal, for electricity generation.
(Excerpt) Read more at marketwatch.com ...
Breathing is now considered polluting.
fyi
I guess becoming a Chinese mining colony is the goal?
10% of Earth's population lives in the southern hemisphere, and they create much less than 10% of Earth's pollution. The Coriolis effect greatly limits the amount of equator crossover of weather and ocean currents. There is much more ocean than land, which stabilizes the climate because ocean heats and cools very slowly. Climate change in the southern hemisphere is nonexistent.
Is that a fact? The fact is the Aussies number about 20 to 23 million. Go north and see how big the denominator is in India or China. And that are no strangers to coal. It doesn't matter to the activists. The just want power over the Australian economy.
Any day now, a study will be published that says the Republican breathing pollutes considerably more that Democratic breathing.
Never mind about the science. Never mind about the economy. Just give investors certainty.
When will this scam finally come to an end?
the government won't necessarily adopt a carbon tax as a means of greening up the economyWise, since a carbon tax only greens up the wallets of crooks like Al Gore.
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